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U.S. Future Inflation Gauge Falls

U.S. inflationary pressures were lower in January, as the U.S. future inflation gauge fell to 102.5 from a revised December 104.0 reading, first reported as 104.1, according to data released Friday morning by the Economic Cycle Research Institute.

"Having peaked in the summer, the USFIG has been falling faster lately," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures continue to fade."